GE Aerospace $GE Shares Acquired by James Investment Research Inc.

James Investment Research Inc. lifted its position in GE Aerospace (NYSE:GEFree Report) by 37.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,982 shares of the company’s stock after purchasing an additional 3,012 shares during the quarter. James Investment Research Inc.’s holdings in GE Aerospace were worth $3,304,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Sovran Advisors LLC raised its position in GE Aerospace by 7.3% during the 3rd quarter. Sovran Advisors LLC now owns 5,277 shares of the company’s stock worth $1,640,000 after buying an additional 357 shares during the last quarter. EWA LLC lifted its holdings in shares of GE Aerospace by 4.4% in the 3rd quarter. EWA LLC now owns 1,551 shares of the company’s stock valued at $467,000 after buying an additional 66 shares during the period. Exchange Bank grew its holdings in GE Aerospace by 32.6% during the third quarter. Exchange Bank now owns 4,019 shares of the company’s stock worth $1,209,000 after acquiring an additional 987 shares during the period. Liberty Wealth Management LLC lifted its stake in shares of GE Aerospace by 8.1% in the 3rd quarter. Liberty Wealth Management LLC now owns 1,414 shares of the company’s stock valued at $425,000 after purchasing an additional 106 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its holdings in GE Aerospace by 7.1% during the third quarter. Cullen Frost Bankers Inc. now owns 103,376 shares of the company’s stock worth $31,097,000 after buying an additional 6,860 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Insider Buying and Selling

In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total value of $2,381,680.00. Following the transaction, the senior vice president directly owned 150,434 shares of the company’s stock, valued at $44,785,706.14. This trade represents a 5.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. TD Cowen lifted their price target on GE Aerospace from $330.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Sanford C. Bernstein restated an “outperform” rating on shares of GE Aerospace in a research report on Monday, October 27th. Wolfe Research increased their target price on GE Aerospace from $340.00 to $360.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Citigroup reissued a “buy” rating and issued a $380.00 price target (up previously from $378.00) on shares of GE Aerospace in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of GE Aerospace from $375.00 to $387.00 and gave the company a “buy” rating in a report on Friday. Sixteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and an average target price of $318.41.

Get Our Latest Stock Analysis on GE Aerospace

GE Aerospace Stock Down 0.4%

NYSE GE opened at $293.89 on Monday. The business has a fifty day moving average price of $305.09 and a 200 day moving average price of $292.76. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.04. The company has a market cap of $310.00 billion, a P/E ratio of 36.10, a P/E/G ratio of 1.94 and a beta of 1.40. GE Aerospace has a one year low of $159.36 and a one year high of $332.79.

GE Aerospace (NYSE:GEGet Free Report) last announced its earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.14. The company had revenue of $12.72 billion for the quarter, compared to analysts’ expectations of $11.27 billion. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.32 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts anticipate that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 26th. Shareholders of record on Monday, December 29th will be issued a $0.36 dividend. The ex-dividend date is Monday, December 29th. This represents a $1.44 dividend on an annualized basis and a yield of 0.5%. GE Aerospace’s dividend payout ratio is presently 17.69%.

GE Aerospace Profile

(Free Report)

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.

See Also

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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